7601 Hospital Dr - Medical CONDO FOR SALE


Sacramento, CA 95823- Parkway
$269,000 USD
916-425-1353
7601 Hospital Dr, Sacramento, CA for Sale
$269,000 USD
Medical CONDO - FOR SALE
1/15
null | Request Cap Rate

7601 Hospital Dr
Sacramento, CA 95823
Parkway


HIGHLIGHTS

  • Building offers a diverse medical tenant mix
  • Prime location in South Sacramento’s premiere medical hub
  • Easy access to Highway 99 and major arterials
  • Immediately adjacent to the Methodist Hospital of Sacramento and Kaiser Permanente South Sacramento Medical Center

OVERVIEW

7601 Hospital Drive is located adjacent to the Dignity Health Methodist Hospital of Sacramento and Kaiser Permanente’s South Sacramento Hospital, within the main medical services corridor in the South Sacramento and Elk Grove markets. The location offers easy access to Highway 99 and major arterials, plentiful parking, walkable food and shopping amenities, and visibility in a highly trafficked area near one of Sacramento’s largest hospital hubs. Over the last 15 years, the Sacramento GDP has grown on average 3.1% annually, consistently outperforming the national average of 2.3%. The South Sacramento medical submarket (9.5% vacancy) has significantly outperformed the broader Sacramento office market (15.9% vacancy) and continues to be a top-performing sector. Minimal new building deliveries and steady medical-user absorption have created an environment of resilient occupancy and stable rent growth over the past decade.

FOR SALE DETAILS

PRICE

$269,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

43,693 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

4.09 AC

LAND SF

177,951 SF

ZONING

H-PUD

APN/PARCEL ID

117-0120-026-0001,117-0120-026-0006

ASK ABOUT THIS PROPERTY

Fritz BrownBrown, Stevens, Elmore & SparreMore Info
916-425-1353

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Fritz BrownBrown, Stevens, Elmore & SparreMore Info
916-425-1353

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.